XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating revenues        
Electric $ 210,742 $ 202,879 $ 427,051 $ 414,403
Natural gas 19,027 16,005 67,374 59,025
Other 257 289 532 595
Total operating revenues 230,026 219,173 494,957 474,023
Operating expenses        
Electric fuel and purchased power, non-affiliates 3,583 3,651 6,456 7,632
Purchased power, affiliates 101,793 96,853 208,251 205,567
Cost of natural gas sold and transported 8,563 6,465 34,550 29,883
Operating and maintenance expenses 49,210 50,516 99,072 99,135
Conservation expenses 3,177 3,094 6,231 6,160
Depreciation and amortization 27,628 23,720 54,677 48,169
Taxes (other than income taxes) 7,005 7,096 13,878 14,251
Total operating expenses 200,959 191,395 423,115 410,797
Operating income 29,067 27,778 71,842 63,226
Other income, net 83 77 329 526
Allowance for funds used during construction — equity 1,751 918 3,038 1,728
Interest charges and financing costs        
Interest charges — includes other financing costs of $461, $461, $917 and $923, respectively 8,656 8,583 17,338 17,187
Allowance for funds used during construction — debt (749) (392) (1,299) (739)
Total interest charges and financing costs 7,907 8,191 16,039 16,448
Income before income taxes 22,994 20,582 59,170 49,032
Income taxes 8,753 7,957 22,510 18,776
Net income $ 14,241 $ 12,625 $ 36,660 $ 30,256